New Directive 77/388/EEC on system of value added tax
Council Directive 77/388/EEC of 17 May 1977 on the harmonisation of the laws ofthe Member States relating to turnover taxes — Common system of value added taxand uniform basis of assessment has been significantly and repeatedly amended.Therefore there was need for an updated and integrated Directive governing thesystem of added valued tax. The new Council Directive 2006/112/EC on the commonsystem of value added tax summarizes the whole system and stipulates the rulesto be generally applied. The Directive also contains a list of Directives thatare repealed by this Directive. This Directive entered into force on 1 January2007 and must be implemented by Member States by 1 January 2008.
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Tomáš Sequens and Dana Jacková Discuss the Risks of the Proposed Amendment to the Building Act
KŠB partner Tomáš Sequens and counsel Dana Jacková recently spoke to specialist news platforms Česká justice and Ekonomický deník about the proposed amendment to the Building Act, which aims to accelerate and simplify the construction permitting process.
KŠB Supports Smetana Litomyšl’s Charitable Grand Finale
The 68th annual Smetana Litomyšl Festival closed this year with the Grand Finale – Italian Film Night, which took place under the patronage of our law firm. The Czech Radio Symphony Orchestra, conducted by Tomáš Brauner, performed celebrated film music by Nino Rota, Luis Enrique Bacalov and Ennio Morricone in the second courtyard of Litomyšl Castle, which was also broadcast live on ČT Art and Czech Radio Vltava.
Jan Lasák Speaks at Balkan Legal Forum 2026
KŠB partner Jan Lasák took part as a panellist at this year’s Balkan Legal Forum 2026, one of the leading conferences focusing on the legal market in Central and South-Eastern Europe.
